Unit 3

Question 1

Donations

Answer 1

a gift made by an individual or an organization to a non-profit organization, charity, or private foundation

Question 2

Debt Factoring

Answer 2

a financial arrangement in which afactoringcompany takes responsibility for collecting money relating to a business’s invoices, and immediately pays that business part of the total amount owed on the invoices

Question 3

Share capital

Answer 3

the part of the capital of a company that comes from the issue of shares.

Question 4

Retained profits

Answer 4

Is theprofitkept in the company rather than paid out to shareholders as a dividend.